Money in Motion: The Post-Keynesian and Circulation Approaches - Couverture rigide

Couverture rigide

ISBN 10 : 0333566955 ISBN 13 : 9780333566954

Editeur : Palgrave Macmillan, 1996

Synopsis

In analyzing money, contemporary economics has focused its attention on money's function as a store of value, neglecting its role as medium of circulation. When circulation is put center stage, it becomes apparent that the supply of money does indeed adapt to the needs of trade - and does so in many different ways, often ways that are difficult for a central bank to control, because they reflect the responses of banks and other financial institutions to market incentives. But money's role in circulation must be coordinated with its store of value function, and both with finance. Failure here can lead to instability. The essays in this volume by internationally renowned economists cover these issues in original and contrasting analyses, presenting the American post-Keynesian perspective, on the one hand, and the point of view of the French Circulation School, on the other.

Détails de l'édition

• Éditeur: Palgrave Macmillan
• Date d'édition: 1996
• Langue: anglais
• ISBN 10: 0333566955
• ISBN 13: 9780333566954
• Reliure: Relié
• Nombre de pages: 783
• Éditeur: Deleplace Ghislain, Nell Edward J.
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Allemagne